RWC Asset Management LLP Has $9.30 Million Stock Holdings in Vistra Corp. $VST

RWC Asset Management LLP lowered its holdings in shares of Vistra Corp. (NYSE:VST) by 41.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 57,665 shares of the company’s stock after selling 40,678 shares during the period. RWC Asset Management LLP’s holdings in Vistra were worth $9,303,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of VST. Norges Bank acquired a new position in shares of Vistra during the 4th quarter worth $746,729,000. Capital World Investors acquired a new position in shares of Vistra during the 4th quarter worth $574,499,000. Palidye Holdings Caymans Ltd acquired a new position in shares of Vistra during the 2nd quarter worth $145,987,000. Situational Awareness LP raised its holdings in shares of Vistra by 142.3% during the 2nd quarter. Situational Awareness LP now owns 1,274,178 shares of the company’s stock worth $246,948,000 after buying an additional 748,332 shares in the last quarter. Finally, Moore Capital Management LP raised its holdings in shares of Vistra by 2,072.6% during the 2nd quarter. Moore Capital Management LP now owns 528,657 shares of the company’s stock worth $102,459,000 after buying an additional 504,324 shares in the last quarter. Institutional investors and hedge funds own 90.88% of the company’s stock.

Vistra Stock Down 0.0%

Shares of Vistra stock opened at $148.72 on Monday. Vistra Corp. has a one year low of $132.66 and a one year high of $219.82. The company has a debt-to-equity ratio of 5.51, a current ratio of 0.90 and a quick ratio of 0.79. The stock’s 50-day moving average is $154.21 and its 200 day moving average is $161.13. The firm has a market cap of $50.15 billion, a price-to-earnings ratio of 24.91 and a beta of 1.40.

Vistra (NYSE:VST) last announced its earnings results on Thursday, May 7th. The company reported $2.87 EPS for the quarter, beating the consensus estimate of $1.32 by $1.55. Vistra had a return on equity of 105.64% and a net margin of 11.52%.The company had revenue of $5.64 billion for the quarter, compared to analyst estimates of $5.22 billion. Equities research analysts anticipate that Vistra Corp. will post 9.3 EPS for the current year.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 22nd will be paid a $0.229 dividend. This represents a $0.92 annualized dividend and a dividend yield of 0.6%. This is a boost from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Monday, June 22nd. Vistra’s dividend payout ratio (DPR) is currently 15.24%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Jefferies Financial Group reissued a “buy” rating and set a $190.00 price target on shares of Vistra in a report on Thursday, May 21st. Morgan Stanley restated an “overweight” rating and set a $212.00 price objective on shares of Vistra in a research report on Thursday, May 21st. JPMorgan Chase & Co. reduced their price objective on Vistra from $240.00 to $231.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. BMO Capital Markets restated an “outperform” rating and set a $241.00 price objective on shares of Vistra in a research report on Monday, March 2nd. Finally, Raymond James Financial set a $208.00 price objective on Vistra in a research report on Monday, April 27th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $233.33.

Insider Activity at Vistra

In other news, CAO Margaret Montemayor sold 4,600 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $160.00, for a total value of $736,000.00. Following the completion of the sale, the chief accounting officer directly owned 9,760 shares of the company’s stock, valued at $1,561,600. This represents a 32.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.92% of the stock is currently owned by company insiders.

About Vistra

Vistra (NYSE: VST) is an integrated power company that develops, owns and operates electricity generation and retail businesses in the United States. The company’s operations span wholesale power production—through a diversified fleet of thermal and lower‑carbon generation assets—and retail electricity supply to residential, commercial and industrial customers. Vistra serves organized wholesale markets and competitive retail markets, with a notable presence in Texas and other regional U.S. power markets.

Vistra’s core activities include the ownership and operation of generation facilities, the commercial dispatch and optimization of those assets into wholesale markets, and the sale of electricity and related services to end-use customers through its retail brands.